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a month before the so-called fiscal cliff and house speaker boehner said congressional republicans are "nowhere in talks with the white house." they are trying. good morning. i'm jamie colby. great to have you here. welcome to america's news headquarters. >> eric: i'm eric shawn. good morning. in an exclusive interview with "fox news sunday," speaker boehner says negotiations are at a standstill. this is as treasury secretary tim geithner says the president is ready for what he calls difficult concessions. mr. boehner says he was flabbergasted at the white house stance on what they say needs to be done. peter doocy has details this morning on the latest developments from washington. good morning, peter. >> good morning, eric. spieger boehner said negotiations are nowhere, period and he called treasury secretary tim geithner's presentation of the white house proposal to avoid the fiscal cliff earlier in week "nonserious." >> i was flabbergasted. i lookedded a him like you can't be serious. i've just never seen anything like it. you know we have seven weeks between election day and t
speaker boehner had to say yesterday. >> the revenues we're putting on the table are going to come from guess who? the rich. now, there are ways to limb the deduction, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> congresswoman, the "new york times" reporting today that boehner is enjoying the broadest support he has seen in two years but as you know, a lot of conservatives are very angry over his giving any ground on revenue. is the speaker's leadership still strong in your estimation? >> i think it is. and i know that it's a very tough position for our leader to be in. and especially tough when he cannot get the president to come to the table and in addition to that, we have the administration that keeps moving the goalpost. 2010 this very president said this is not the time when the economy is so bad to raise taxes on anyone yet now we're having him say he wants to raise taxes on small business own that's are going to affect about 700,000 jobs. is that really what we need to do in an economy where we have 23 m
as speaker boehner doesn't require there be a majority of his majority to pass that bill, i think we can get that done. i have a sense that's kind of a way we're moving. as to spending, and some of the other matters, i think that's going to be something where the can's kicked down the road in to next year. >> that seems to be the common theme today. i've watched your colleagues on our air and read comments in different newspapers. it seems that that's where we are right now. get this issue of the tax cuts complete so that the american people will have at least some comfort and then as you pointed out, kick the can down the road. i have heard people say this is groundhog day. this is the same thing over and over again. it seems that -- this seems to be a repeat performance. >> well, i think due to a certain extent that's true and happening -- will be happening at the beginning of a session. and we're going to about 85 or 86 new members here, a few more democrats and hopefully a refreshed membership that will actually look to do this. now, you talked about the schedule and actually next year's
boehner. geithner and boehner, only, on fox news sunday. >>> plus we have seen this movie before. the two parties edging closer and closer to the brink. we'll ask our sunday panel whether we'll get a happy ending for an economic disaster. >>> and our power player of the week, a young beauty queen has to make a tough choice, all, right now on fox news sunday. ♪ >> chris: and, hello again from fox news in washington. well, we had quite a day around here, friday. with talks to avoid the fiscal cliff deadlock and everyone saying, the other side is to blame, treasury secretary geithner scheduled a round of interviews, then, friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday, to tell his side of the story. you'll hear from boehner in a few minutes, but first here's my conversation with tim geithner about the lack of progress in steering away from that cliff. >> chris: secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> chris: i spoke with house speaker boehner just before i came over here and he says when you present yo
. and the republicans, boehner's got to go to work and come back, and now there's 70 of them left, the tea party guys. these are guys who went to congress not to limit government but to stop it. so what are you going to do? we've got five democrats, five republicans who range from dick durbin of illinois, great progressive democrat, and coburn of oklahoma, a progressive conservative, and five dems, five republicans, one independent, that's a super majority. and for god's sake, the reason we were so successful is we effectively pissed off everybody in america. >> congratulations, sir. kudos. kudos to you. >> good morning. it's thursday, december 6th. welcome to "morning joe." with us on set, msnbc political analyst, former democratic congressman, harold ford jr. >> mr. professor. >> good morning. >> professor. >> and we have former treasury official and "morning joe" economic analyst, steve rattner. >> financier. >> rattner is here. i like -- and we have to go back to that. it's the truth. >> it is! >> money is money. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we sa
an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a proposal from them. >> okay. let's dig in and bring in nbc's capitol hill correspondent kelly o'donnell. fill us in on how the meetings are going so far. last but not least, nancy pelosi coming up. >> exactly. she'l
on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down, mr. speaker? >> no, no, no. stop. i got to tell you. i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes right here. republicans on the hill are demanding trillions of dollars worth of debt reduction. that's pretty much fine with democrats who say the wealthy should foot the bill in the form of higher tax rat
if the president meets them halfway. house speaker boehner says they are not any closer to a deal publicly. >> all eyes or on the white house. the country doesn't need a victory lap but leadership. it is time for the president and congressional democrats to tell the american people what spending cuts they are willing to make. >>shepard: the democrats say any are open to spending cuts but no one has been specific. no one is specific. they say the republicans will not answer serious solutions. >> let them come forward with something. the issue is simple as was shown during all the presidential debates and during all the conversation during the campaign you cannot get from here to there unless you raise the upper rates. >>shepard: the president argues that a majority of members support his plan for the removal of the tax cuts from the bush era a centerpiece of his campaign. ed, i am getting from all corners of the political world they are actually making progress behind-the-scenes not talking about it publicly but there is real progress. >>reporter: perhaps. "politico" has a story saying there was a
rates on the upper income folks to go up. >> within minutes, john boehner fired back the talks are on life support. >> let's not kid ourselves. >> boehner ripped the president for sending treasury secretary ti tim geithner to capitol hill with a proposal that led mitch mcconnell literally burst out laughing. >> the white house took three weeks to respond with any kind of proposal. and much to my disappointment, it wasn't a serious one. >> their beef is the president campaigned on $800 billion in tax increases by ending the bush tax cuts for the wealthy. but is now proposing double that. $1.6 trillion. by adding tax hikes on dividends and capital gains. plus, the white house wants $50 billion in new spending next term alone in long term deal about cutting spending. >> they want to have this extra spending greater than the amount they want to cut. not serious proposal. >> but the president may have the upper hand because the fiscal cliff talks allow him to back opposition to a corner, by framing this as the republicans raising taxes. >> if congress does nothing, every family in a
in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled budget talks on republicans, president obama today wratcheted up pressure on boehner. >> nobody wants this done more than me. >> for the first time, plan for massive spending cuts from going over the fiscal cliff warning business executives, the economy could take another hit if republicans decide to extend just to middle class tax cuts to avoid the cliff for now and come back next year with more leverage to tie spending cuts and medicare reform to another hike in the nation's debt ceiling. >> we're not going to play that game next year. if congress, in any way suggests they tie negotiations to debt ceiling votes, and take us to the brink of default again as part of
's in a meeting with house speaker john boehner and mitch mcconnell, top republican in the senate, as well as nancy pelosi, the top democrat in the house. now coming out of the meeting with senator reid, i'm not getting much at the moment from sources but one democratic aide tells me the following. he says that we -- this aide told me, we're all on the same page today. it's more about republicans. that goes without saying, because these negotiations really were focusing on the negotiations between the white house and speaker boehner, even before the meeting, which the treasury secretary and speaker boehner, a spokesman gave us this following statement, ashleigh. i want to read to you. he says, we accepted this meeting with the expectation that the white house team will bring a specific plan for real spending cuts, because spending cuts that washington democrats will accept is what is missing from the balanced approach that the president says he wants. clearly, what that tells me, republicans are putting the ball in the white house's court, and democrats' court to come forward with spending
. treasury secretary timothy geithner met with house speaker john boehner and laid out a detailed list from president obama that includes $1.6 trillion in tax increase over ten years. more stimulus spending to boost the economy including home mortgage refinancing and the permanent end to congressional control over the debt ceiling. in return, president obama is offering republicans $400 billion in entitlement cuts over ten years. still to be negotiated. mr. obama also wants emergency unemployment benefits and a temporary payroll tax holiday extended along with the infrastructure spending and mortgage relief, the price tag for the president's stimulus bill could rise to $50 billion or more. after meeting with secretary geithner, speaker boehner said he didn't see any sign of compromise from the white house. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the w
's buffett's. he can do that two ways. he can get john boehner to capitulate or he can say the hell with it, let's go off the fiscal cliff and blame the republicans. >> if he had had the top two percent pay in just a little bit more of their fair share, that would fund the government for only 8. 5 daition. it's not realistic. >> no. it's rubbish, all this. that so called buffett tax, if you implement that on warren buffett and all his pals, it will pay off obama's 2011 deficit in the year 2520 circumstance, in 514 years time, and then we'll need the next half millenium to pay off his 2012 deficit. >> i think the republicans were sent there with a mandate as well as president. obviously the american people voted for the status quo. they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for
and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the new year. garmin stock higher to replace rr donl
boehner that has been rejected. so, the senate has passed a bill that follows the president's wishes that extends the bush era tax cuts for the bottom 98%, but does not extend them for the top 2%. those couples filing jointly making more than $250,000 a year. so, it's past the senate and gone no where in the republican-controlled house. what are the options available? nancy pelosi digging into the playbook as you reported with something called a discharge petition. if a majority of the members of the house sign this petition, then the speaker of the house, of the majority party, of course, is forced to put something on the floor that he does not want to put on the floor. i have to tell you, craig, sort of a hail mary and it hasn't worked for ten years when mccain feingold was put on the floor of the house by virtue of the fact that they had a discharge position. it has been tried hundreds of times in the past 100 years. it very seldom works. you can see now, democrats trying everything nay can do. putting on public pressure like the president did yesterday in a campaign-style event o
>>> the news nation is following the exchange of fire. president obama and speaker john boehner are locked in a whatever words this afternoon one day after republicans rebuffed the president's first proposal to overt the so-called fiscal cliff. first up, the president. the president who traveled to a toy company in pennsylvania today to call on congress to extend tax cuts for the middle class. president obama playing a little hardball accusing republicans of playing politics at the expense of american families. >> it's not acceptable to me and i don't think it's acceptable to for you republicans to hold tax cuts hostage because they don't want rates on upper folks to go up. >> john boehner scheduled a last minute news conference. fired back with this. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. >> as the rhetoric heats up, the clock continues to tick down. after today, there are just ten legislative days on the calendar. the house announced they will be recess
in the room when harry reid was talking about john boehner's brain, that they were really infused by the election. they referenced it so many times in talking about the priorities. specifics were kind of the word of the day. everybody saying the other side has to give specifics. this morning republicans are saying don't expect any public counteroffer after what the president's team presented here, one of their big concerns is the $1.6 trillion in tax revenue over ten years. they say that's about twice where republicans think they might be able to get a deal and for them that was not a good starting point. >> kelly, can i quickly ask you why we should not expect a counteroffer interest republicans? isn't that what this whole game is about? >> reporter: public. if i didn't say public, let me emphasize. >> you did. >> reporter: we heard about the president's offer and what republicans are also saying they are trying hard to not criticize the president publicly, focus on the specifics of the deal. there are concerns about that, not wanting to spoil the move further. at least that's th
disappointment, it wasn't a serious one. >>shepard: speaker boehner referred to meetings with the treasury secretary geithner. republicans called plan he layed out a step backwards, so much that top senate republican were mcconnell burst into laugh laughing western he heard it. people on the left, even, a lot of people on the left, said, man, this was heavy handed. he is asking for a lot. >>reporter: he is. if you look at the tax side, the president campaigned on raising taxes but high talked about raising them to the tune of $800 billion. instead, what was put on the table is double that, $1.6 trillion in new tax increases. the president, though, out there upsetting republicans because he is outcampaigning again and he said i missed being out here on the trail. so rather than negotiating with republicans he was on the road in pennsylvania and saying i ran on this in terms of raising taxes. it is time to collect. >> at the end of the day, a clear majority of americans, democrats, republicans, independents, agreed with a balanced approach to gift reduction and making sure the middle class t
tracks. you have what john boehner eric cantor, what they're saying publicly, and what they're leaking to the press this is all selective, and what is happening behind closed doors. i'm sure and i hear there are negotiations going on. they are frackous, big surprise there. but the real work is happening outside of the public view right now. >> eliot: i hope so, but i will tell you just between us i'm tired of the public dimension of this because it's silly and repetitive of what we heard during the campaign. is it a fiscal cliff or a slope? how dramatic will this fall off be on january 1st? or is there going to be the decision that if this decision is not made on january 1st, we'll be fine. >> they constantly talk about a short-term agreement right now and then pushing important decision abouts entitlement reform taxes that kind of stuff into 2013. clearly we're not confronting a killer drop off, a fiscal cliff that we hear so often that will send the country careening into a recession after bees december 31st. this will play out across 2013. it's not going to happen all on one single
. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at expressing dismay the president hasn't responded two days after the republicans sent him a fiscal cliff counteroffer. >> if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. and a plan that can pass both chambers of congress. >> by trying to keep gop frustration on the president, boehner appears to be keeping conservative lawmakers off his own back for now. >> what's mood inside the conference. >> very united, very supportive with the speaker. >> multiple sources tell cnn in a private meeting with house republicans, boehner got no flow back for producing $800 billion in tax revenue, despite backlash from conservative groups outside congress. >> any complaints about this new revenue? >> i didn't hear anything. >> the speaker has full support of the conference to move forward and get something done for the american people. >> so far, rank and time republicans are allowing boehner to play out this showdow
at that points. >> in the meantime, now the gop is fighting with itself. speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. so i have no other particular observation than i commend the house republican leadership for trying to move the process along and getting to a point where hopefully we can have a real discussion. >> but why is the the gop still hot on its desire to raise money through cuts and deductions rather tha
speaker john boehner walked out of his, and he dished a helping of red meat rhetoric straight to reporters. >> you know, the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative days left on the congress's calendar before the looming fiscal cliff becomes a raw reality, will the president and house gop find a way over the latest road black and back to the bargaining table? >> why did the white house decide to have this as their opening volley when they knew the response would be a negative one that they drew? >> was it hardball opening? yeah, of course it was. the question is, what's the counteroffer? >> i would
interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that proposal, $1.6
our economy. >> reporter: republicans led by house speaker john boehner says he should quit campaigning and take care of the business at hand. republicans say they are willing to consider raising more revenue but they want to see spending cuts to go along with it. >> we need to hear they are willing to make spending cuts now, not promises of spending cuts sometime if the future. to me the tidal waves that are coming at us is social security and medicare and the new health care law. >> reporter: now house democratic leader nancy pelosi is calling the speakers to bring the tax to the floor by tuesday or she will try to force a vote. boehner is not likely to buckle under pressure so it seems like a standoff. >> gregg: sfuaf. what a surprise? they want to resolve this fiscal crisis or lack in his real compromise. john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the preside
cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the year. he thinks the white house has already wasted weeks because he does not think the proposal to avoid a fiscal cliff is serious one. negotiations here are nowhere. another republican, senator lindsey graham thinks he thinks things are heading down hill. >> i think we are going over the cliff. it's clear to me they made a political calculation. the offer doesn't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for
speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my pancakes. we have just come down from higher levels. the ibex up .2 of a percent. overnight we saw china leadersh
, there is no deal and the president is willing to go off the cliff. they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in the republican side it would be from limiting deductions and republican leader said this. >> republicans have move add great deal. who was the first person right after the election, the speaker went down and provided revenue. we had not heard that before. when has t
with the very latest. jessica? >> reporter: president obama has now personally turned down speaker boehner's opening offer to avert the fiscal cliff. he did it in a tv interview. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker boehner. he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisa
onto their bargaining power right now. you have both sides doing these kind of events. john boehner came out right after the president spoke in pennsylvania and said we're at a stalemate. that's sort of sending the alarm and also trying to hold your cards close. >> so meredith, based on also what david is saying regarding john boehner your latest article "cliff talks send parties back to old corners." do you think that will mean the same same old results? >> we've seen this movie before. we saw this a year and a half ago during the debt ceiling debate and even a little bit before then in the spring of 2011 when they were talking about potentially having government shut down. remember we're talking to you today about this because last fall the super committee that was supposed to find $1.2 trillion in savings failed to do that. now we're trying to replace those same automatic cuts. so i think there is a lack of trust right now between the main negotiators the house republicans and the white house. i was just talking to senator dick durbin the other day and i asked him, is there a tru
over. bill: reports that talks are stalled, dead in the water. house speaker john boehner says he's flabbergasted by the white house offer. >> this isn't about democrats and republicans. this business our country. we need to get serious about our deficit and debt that are burying our children's future. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. martha: we have brand-new details on the deadly bus crash that happened in florida. police say the bus driver was confused and lost when he chose the wrong route coming out of miami airport. the top of the bus crumpled after the crash and killed two passengers. it had 32 jehovah's church members on board, they were heading to a conference. bill: if you wash watching "fox news sunday" john boehner described his reaction when the president presented
that happened today. john boehner, the speaker of the house, sent a message that a deal was in the works. he threw several house members off of key committees when they criticized him openly for looking like he was ready to make some deal on taxes with president obama. that's a sign to me that he's going to clear the decks to try to push through a deal. it's a sign that we're going get some kind of tax increases for the top 2%. i don't know where those numbers are going to be. pretty clear to me that a deal is in the works and we're heading in that direction. what i'm not sure of is whether the market will go up on this, necessarily. >> in terms of that january effect, bob, does that even matter this year? >> yes, look, it's not long from anybody, january and february are the best months of the year. that's a factor. >> let me ask you about putting money to work, keith springer. you say we're going to get a deal regardless. we may get a deal regardless, but that deal means probably higher taxes and lower spending. what are the areas in the economy in your view that get impacted most by a dea
speaker john boehner did speak by phone yesterday. that was the first time in a week. no one is saying what the conversation was about. shortly after that call treasury secretary tim geithner went on cnbc and said the white house is ready to go off the cliff. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff in. >> absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. it's only 2%. >> i want to bring in "usa today" bureau chief and welcome to both of you. where are we in these negotiations, susan? >> i think the most encouraging thing was they agreed to the to characterize the phone call. the last time around the characterization of the phone call became a controversy in itself. i think it's pretty clear that the white house and republicans think the white house hand on this is strengthening. we see the polls that you mention, pew polls this week say americans trust the president more, assume if a deal is not reached -- trust the white house more, think if a deal isn't
to avoid it, house speaker john boehner bluntly told reporters today, there is a stalemate. for his part, president obama is trying to break that stalemate by asking voters to put more pressure on the republicans. cnn chief white house correspondent jessica yellin and chief political correspondent gloria borger join us right now. gloria, guess i'll start with you. does the president have any leverage? >> he has a lot of leverage right now. i mean, if you look back to the debt ceiling in the summer of 2011, you recall the president was accused of negotiating with himself because it was sort of a time of weakness for him. right now, look, joe, he's just won re-election. 67% of the american public according to our polls believes that there should be a deal that contains a combination of spending cuts and tax increases. more than half of the american public says, you know what, we'd like the taxes on the wealthy to go up. so he does have public opinion on his side. just been re-elected. so he feels like, you know, he's got the wind at his back so to speak. >> jessica yellin, when you look at
john boehner also spoke to president obama on the phone last night. he said he wanted to know where the administration would rein in spending, but that he had heard nothing new. >> i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president is really willing to do. listen, i remain hopeful that productive conversations in the days ahead can be had but the white house has to get serious. >> sreenivasan: senate minority leader mitch mcconnell echoed that complaint. in a statement, he said, "today, they took a step backward and significantly closer to the cliff." conversely, white house spokesman jay carney charged republicans failed to provide any details on what they could tolerate in the way of tax increases. >> the president has always engaged in this with real numbers. when you talk about flexibility on revenue, all we've heard so far and it's welcomed, don't get me wrong, but we've heard that yes, revenue on the table but we need more than that. >> sreenivasan: away from the microphones, there were reports of possible movement. an a
even as house speaker john boehner declares the negotiations are "going nowhere." >> brown: then, we turn to another congressional battle. kwame holman reports on sparring in the senate over proposals to change rules blamed for partisan gridlock. >> majority democrats want to put limits on the phil buster, a tactic used to delay legislation but republicans say the tool is key to protecting their minority rights. >> warner: on the eve of world aids day, ray suarez updates the hopes and frustrations in the fight against the deadly disease. >> brown: mark shields and david brooks analyze the weeks news. >> warner: and is the grand canyon 60 million years older than we've long thought? we ask science correspondent miles o'brien. >> brown: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> and by bnsf railway. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >>
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